12001 S 71st Street, Tempe, AZ 85284

Tempe
Local realty services provided by:ERA Four Feathers Realty, L.C.
12001 S 71st Street,Tempe, AZ 85284
$2,850,000
  • 3 Beds
  • 2 Baths
  • 1,716 sq. ft.
  • Single family
  • Active
Listed by: shane a peck
Office: homesmart
MLS#:7057029
Source:ARMLS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$1,660.84

About this home

An exceptional redevelopment opportunity in the prestigious Tally Ho Farms community! Situated on a sprawling 1.34-acre lot in one of Tempe's most coveted luxury neighborhoods, this property is being offered primarily for land value and is an ideal scrape-and-build opportunity for investors, developers, or those looking to create a custom estate. Surrounded by multimillion-dollar homes, this premier parcel offers endless potential in an area where luxury development continues to thrive. A recent nearby sale closed at $6,500,000, highlighting the incredible upside and strong demand for new construction in the neighborhood. With ample space to design a world-class residence complete with guest house, resort-style amenities, RV garages, or private sport courts (subject to applicable approvals), opportunities like this are becoming increasingly rare. Bring your vision and capitalize on one of the last premier redevelopment opportunities in Tally Ho Farms.

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Home facts

  • Year built:1971
  • Subdivision & Development:TALLY HO FARMS 2
  • Listing ID #:7057029
  • Updated:August 13, 2026 at 03:39 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Tile, Vinyl
  • Living area:1,716 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1971
  • Building area:1,716 sq. ft.
  • Lot area:1.34 Acres
  • Lot Features:Grass Back, Grass Front, Irrigation Back, Irrigation Front
  • Construction Materials:Block, Painted

Schools

  • High school:Corona Del Sol High School
  • Middle school:Kyrene Middle School
  • Elementary school:Kyrene Middle School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$1,660.84
  • Tax amount:$3,813 (2025)

Parking

  • Carport spaces:4
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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